Trump's 'buy American' plan for pipelines could trim steel imports, but also hike prices

Trade policy observers say President Trump's Jan. 24 directive to create a plan requiring use of domestic materials in all new U.S. pipelines could be more effective than a batch of current anti-dumping cases in reducing foreign steel imports -- but warn that it could also raise prices for steel end-users in the United States. “Numerous [anti-dumping] orders are out there already so if Trump plans on issuing executive orders like this one, that would have a much more severe...